Welcome To My Real Estate Blog

Jenell Fontes

Welcome to my blog… I have been excited and tentative about starting a blog for over a year now. The focus of my blog is intended to be real estate and investment principals, “NEW” investment ideas and strategies, enhancing the value of your current asset base, What’s “HOT” and What’s “NOT”, and keeping a pulse on the REAL ESTATE market.

That being said, if every once in a while I go off on a personal rant please forgive me. In my mind having a blog is like having your own mint “soap box” and I might have the urge to pull out the megaphone and shout. I would also occasionally send accolades and kudos to those that are striving to make a difference in our world and local community.

I look forward to bringing you the kind of information that I have from being in the trenches. I pride myself in my overall research to make sure that I understand my clients future and long term investment goals. I try to have an overview of their investment portfolio so that I can help them develop a strategic plan for asset management to “maximize the profit of their real estate assets”.

www.jenellfontes.com

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Millennials And The Coachella Valley Real Estate Market

Jenell Fontes The Millennials are coming into the Real Estate market and what does that mean for a market like the Coachella Valley? In the next few years at least $16 trillion of ultra-high net worth (UHNW) individual’s wealth will be passed on to the next generation over this period, spawning a new crop of multimillionaires, the Wealth-X and NFP according to the Family Wealth Transfers Report “As self-made UHNW baby boomers start passing on their wealth to their children, the importance of entrepreneurship and hard work will be put to the test,” the report said. One of the largest beneficiaries of the wealth will be the the Millennials and they are not buying the larger country club properties that make up the bulk of the Valleys Luxury listing inventory. Millennials are looking at walkability scores, energy efficiency, Smart homes and provide a comfortably Chic lifestyle. Millennials want location, location, location, less maintenance and smaller homes with less outdoor

Want to go Surfing in the Desert?

Talus is a NEW residential Development that you might want to know more about because this project is changing the face of property development for the Coachella Valley! For those of you that have recently driven on Avenue 52 or Jefferson on their way to PGA, Tradition or Griffin Ranch, you may have noticed a new sign on the way that reads "Talus." You might be asking yourself what is Talus? Or maybe you already googled it, or heard some people at the office or the gym talking about it. But I want to discuss the implications of this enterprising project for the surrounding neighborhood, and I think we should go over it together. Talus is a brand new resort experience developing in our backyard! This project includes hotels, The Montage and Pendry, two notable luxury brands that will be hosting the resort-styled hotels, private branded residences, a new restaurant, spa facility, conference center, club house, and more! The first part of the project should be finished by mid 20

How to Buy a Home like an Investor!

The purchase of a home is for most people the largest investment they will make in their lifetime! Your home is both an investment and a place to live. For the past decade I have worked with a lot of investors and the same principals that make my investors rich, apply to any real estate purchase. Here are some real estate buying tips I learned from the investors I've worked with! First off, it is all about the numbers! Make sure the numbers work up front, define and estimate if there is money to be made and upside in the resale due to market, trends, or added value… Basically, if the numbers don't add up from the beginning then don't make the deal. Hoping that the market improves isn't a tactical game plan, you need to back up your predictions with cold hard facts and proven economic growth patterns. This is where you need the help of a trusted real estate advisor that understands the local market. Secondly, make your money work for you! We have a very unique situa

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